Shares of INV VK TR INV (NYSE:VGM - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.72 and traded as low as $9.50. INV VK TR INV shares last traded at $9.51, with a volume of 161,730 shares.
INV VK TR INV Trading Down 0.3%
The business has a 50-day moving average price of $9.54 and a 200-day moving average price of $9.71.
INV VK TR INV Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.
Institutional Investors Weigh In On INV VK TR INV
A number of large investors have recently made changes to their positions in the stock. Pathstone Holdings LLC grew its holdings in shares of INV VK TR INV by 45.6% during the fourth quarter. Pathstone Holdings LLC now owns 1,112,444 shares of the investment management company's stock valued at $11,247,000 after buying an additional 348,153 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in INV VK TR INV by 23.7% in the second quarter. Guggenheim Capital LLC now owns 1,088,357 shares of the investment management company's stock valued at $10,329,000 after purchasing an additional 208,225 shares during the last quarter. LPL Financial LLC boosted its holdings in INV VK TR INV by 27.1% in the first quarter. LPL Financial LLC now owns 459,388 shares of the investment management company's stock valued at $4,576,000 after purchasing an additional 97,916 shares during the last quarter. Bank of America Corp DE boosted its holdings in INV VK TR INV by 28.1% in the second quarter. Bank of America Corp DE now owns 434,009 shares of the investment management company's stock valued at $4,119,000 after purchasing an additional 95,282 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in INV VK TR INV by 7.1% in the fourth quarter. Ameriprise Financial Inc. now owns 300,727 shares of the investment management company's stock valued at $3,037,000 after purchasing an additional 20,054 shares during the last quarter. 38.13% of the stock is owned by hedge funds and other institutional investors.
About INV VK TR INV
(
Get Free Report)
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.
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